BitSight Technologies, Inc.: Company Research Report

Company Overview

Name and Mission

• Name: BitSight Technologies, Inc.

• Mission: Create trust in the digital economy.

Founding Details

• Founded: 2011

• Founders: No specific founders mentioned.

Key People

• CEO: Steve Harvey

• Co-Founder & Chief Innovation Officer: Stephen Boyer

• Chief Technology Officer: Dave Casion

• Chief Legal Officer: Rob Dinning

• Chief People Officer: Paige H. Esser

• Chief Strategy Officer: Dave Fachetti

• Chief Marketing Officer: Catherine Harrell

• Chief Financial Officer: James Hillier

• Chief Product Officer: Greg Keshian

• Chief Risk Officer: Derek Vadala

• Chief Revenue Officer: John Wallace

Headquarters

• Location: 111 Huntington Ave, Suite 400, Boston, MA 02199, United States of America

Employees

• Number of Employees: 750+ team members

Revenue

• Revenue Information: No information is available.

Recognition

• Known For: BitSight is recognized as a leader in cyber risk management, pioneering the security ratings industry with the goal of creating a universal metric for cyber risk governance.

Products

Overview

BitSight provides a range of cyber risk management solutions aimed at identifying exposure, prioritizing investment, and communicating risk to stakeholders.

Key Product Offerings

1. Enterprise Security

• Description: Manages exposure risk across the enterprise attack surface and expanding digital footprint.

• Key Features: Security Ratings, Trust Management Hub, Board-level reporting.

2. Digital Supply Chain

• Description: Automates third-party risk management.

• Key Features: Vendor Onboarding, Continuous Vendor Monitoring, Vulnerability Detection & Response.

3. Risk Governance and Reporting

• Description: Benchmarks against industry peers and reports on cyber risk program performance.

• Key Features: Cyber Risk Ratings and Quantification.

4. Security Performance Management

• Description: Solves key challenges in cybersecurity exposure.

• Key Features: External Attack Surface Management, Governance & Analytics, Cyber Risk Quantification.

Recent Developments

Recent Developments and Partnerships

• Acquisition of Cybersixgill: BitSight entered into an agreement to acquire Cybersixgill for $115M to enhance threat intelligence capabilities. This strategic acquisition aims to deliver advanced threat insights by integrating Cybersixgill’s threat intelligence data with BitSight's solutions.

• Innovations in Cybersecurity: BitSight's AI-powered graphing technology and dynamic data mapping has been enhanced for creating risk maps and helping organizations stay ahead of emerging cyber threats.

New Product Launches

• Trust Management Hub: Launched to transform security assessment processes by centralizing critical security documents and questionnaires.

New Features and Enhancements

• Enhanced Data Analytics: Investments have been made in expanding customer visibility across digital supply chains, along with improvement in attack surface mapping through AI enhancements.

Partnerships

• Collaboration with Tech Data: A partnership to expand cybersecurity solutions in Asia Pacific and Japan (APJ).

Conclusion

BitSight Technologies, Inc. maintains its status as a market leader in cyber risk management, continually innovating to deliver cutting-edge solutions that provide businesses with advanced insights into their cyber risk landscapes. Through strategic acquisitions, like that of Cybersixgill, and the development of new capabilities and partnerships, BitSight is well-positioned to meet the evolving needs of organizations worldwide.